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google thing still going around the market. we read and respected in the tech world, give me a break. it'll never happen. but the stock did move friday on the news. a big move. now what is this stock up to. >> we don't talk about them much. the 12 month clinical trial of an experimental leukemia drug. >> nexen, again, a company we don't talk much about, but what is up to? >> we don't talk about it much because it is canadian. don't know if you hate it canada like you do american. but a big energy company. here is the deal. people got outraged, just like we are facing here. oh, can't let chinese buy our energy property, terrorism, blah blah blah. guess what? they are allowing the deal to go through. other companies are falling because they may impart new rules. saying we don't know if theant prices can by our energy companies. does that sound familiar in any way? >> this is the is the version of -- >> i don't hate canadians. why do you? >> i don't hate canadians. i hate everybody. i'm kidding. >> now getting cheaper by the minut
google thing still going around the market. we read and respected in the tech world, give me a break. it'll never happen. but the stock did move friday on the news. a big move. now what is this stock up to. >> we don't talk about them much. the 12 month clinical trial of an experimental leukemia drug. >> nexen, again, a company we don't talk much about, but what is up to? >> we don't talk about it much because it is canadian. don't know if you hate it canada like you do...
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Dec 13, 2012
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they got to google maps, good news, but a u.s. federal agency's going to signing off blackberry. david: oh, competition. whoever thought blackberry would come back, but it has. liz: at least for the moment, dow not coming back, 72.s down on the day, starting in the green by a tiny bit, but the markets started to the upside, crossed the line 30 times, and at 11:30 a.m. eastern, boehner came out, said spending's the issue. the president's not listening. it basically ruined the marks as you see. s&p couldn't gain here, down eight points. david: looking at the negative numbers, imagine what they would be if the fed did not do the money printing. a lot worse than it was today. could have been worse. facebook, when the market is in the red, facebook in the green, today is not an exception. today, a big bump, over 2% bump. tomorrow, of course, is the third lock up, another 156 million shares of facebook coming online, previous times when that's happened, we saw the stock jump as it did today. liz: right. everybody expected it to fall, it didn't. we're watching that. when apple falls on
they got to google maps, good news, but a u.s. federal agency's going to signing off blackberry. david: oh, competition. whoever thought blackberry would come back, but it has. liz: at least for the moment, dow not coming back, 72.s down on the day, starting in the green by a tiny bit, but the markets started to the upside, crossed the line 30 times, and at 11:30 a.m. eastern, boehner came out, said spending's the issue. the president's not listening. it basically ruined the marks as you see....
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Dec 10, 2012
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google has nexus 7. iphone and smartphone that google has. they compete on so many different levels but they know when to play fair and play nice and i guess it is in the area of patents of the apple and google according to various reports are teaming up together to buy a pool of 1100 patents we know the bankrupt kodak is selling out there, $500 million is the price tag. the reason they decided to come to their senses and play fair here, play nice is because when they were sitting on opposite ends of the table they were outbidding each other. they said, let's not do this. not spend more money than we have to. parse out which patents we want and play together. and that is exactly what they're doing. david: but their animosities are stronger than their willingness to work together, correct? >> absolutely. this is no cease-fire in any pay, shape or form. google is going at it. couple things coming out from google today. the company is going after a set-top box company, motorola home. talks it will go after that competing with apple. apple tv wil
google has nexus 7. iphone and smartphone that google has. they compete on so many different levels but they know when to play fair and play nice and i guess it is in the area of patents of the apple and google according to various reports are teaming up together to buy a pool of 1100 patents we know the bankrupt kodak is selling out there, $500 million is the price tag. the reason they decided to come to their senses and play fair here, play nice is because when they were sitting on opposite...
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Dec 5, 2012
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this has been disrupted by new players like square and paypal and google. the stock has been hit, but our fund manager we talked to think it's been unfairly hit. any time an industry is being disrupted, that's a good opportunity. >> u.s. bancorp? >> this is an old fashioned bank. focuses on deposits and loans and wealth management. none of the other stuff that can get you into trouble. this is one our clients really liked. >> this year dividend plays have been huge. everyone is looking for income. they look to these companies that have a good yield. the two that came through here were ford and, as it happens, our majority owner comcast. >> yes. so ford, you know, the auto recovery story is pretty significant. it's still happening. cars on the road are older. the replacement rate is going to go up. with ford, it has a rock-solid balance sheet. its dividend yield, we think, could go up. comcast is interesting. not because it's the boss' of "closing bell," it has a new revenue stream in nbc universal, which is up 32% in the third quarter because of the olympic
this has been disrupted by new players like square and paypal and google. the stock has been hit, but our fund manager we talked to think it's been unfairly hit. any time an industry is being disrupted, that's a good opportunity. >> u.s. bancorp? >> this is an old fashioned bank. focuses on deposits and loans and wealth management. none of the other stuff that can get you into trouble. this is one our clients really liked. >> this year dividend plays have been huge. everyone...
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Dec 13, 2012
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google unveiling its new map for the iphone after given the boot by apple. who will win this battle? and shares of best buy, moving up by, look at that, nearly 15% today. reports its founder could make a take over offer for that retailer, but is that the best move? my partner, sue herera at the new york stock exchange for us. sue? >> ty, it is a little bit after down side bias today. investors are losing enthusiasm over the fed's move. and more specifically, the employment rate. right now, the dow is down 57 points on the trading session. most of that drop cake after mr. boehner made comments about the continues impasse in trying to resolve the fiscal cliff. s&p down 23, down three quarters percent. and the nasdaq is down about half a percent. bob joins me on the floor of the nyse. the market is very undecided about what is happening in washington. what the feds know that perhaps we don't know. >> we are getting smacked around by these two separate events. the fiscal cliff as well as aftermath of what went on with the fed. i think the fed is still very impor
google unveiling its new map for the iphone after given the boot by apple. who will win this battle? and shares of best buy, moving up by, look at that, nearly 15% today. reports its founder could make a take over offer for that retailer, but is that the best move? my partner, sue herera at the new york stock exchange for us. sue? >> ty, it is a little bit after down side bias today. investors are losing enthusiasm over the fed's move. and more specifically, the employment rate. right...
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Dec 13, 2012
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it is not going to drive google's earnings, if you -- display ad does drive google's earnings but nothing to do with display ads, sit there and think maybe am, people will buy it, maybe not, but the idea that google is up big and apple is down big just shows you how fanciful this market can be versus the reality. makes no sense. >> google could drive a lot bigger margin if they wanted to, fascinating company, i agree. >> all the thing these give away for free they could possibly monetize u >> kansas city, delivering one gigabyte for $30 a month. so interesting to follow this company, generating enormous amounts of cash flow. >> trade off of that. invest in it, they are investing so much in the future. the idea of a superior map product driving google over 700, starting to climb back where it was after that horribly disappointing quarter? i got facebook at 20. i get that. facebook said we got a way to monetize, but the idea, wow, you know what, those maps, which we know are superior, we should buy google off it? >> maybe just the people are taking money out of apple and putting it elsewher
it is not going to drive google's earnings, if you -- display ad does drive google's earnings but nothing to do with display ads, sit there and think maybe am, people will buy it, maybe not, but the idea that google is up big and apple is down big just shows you how fanciful this market can be versus the reality. makes no sense. >> google could drive a lot bigger margin if they wanted to, fascinating company, i agree. >> all the thing these give away for free they could possibly...
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Dec 13, 2012
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google search in the application. if you look for a dry cleaner, search for it, and then find it in the same box. it has a siri-like voice guided turn-by-turn directions, transit schedules, and locations saved on multiple devices. looking for a restaurant, for example, sitting at home, your home computer, when you are on the road, on your cell phone or even when you get to work, you can keep up with the directions anywhere along the way. couple features we are waiting for. no, it's not available on the ipad just yet. waiting for that. there's no integration with contacts so if you have your doctor's address savedded in the contacts, you can't get it seamlessly put in the application just yet, but that's just a matter of time. google share's doing well. we think, probably, because of the release. lots of hype today. connell: up over 700. good to have the turn-by-turn, and turn where you are supposed to be going, another key to this. thank you. >> thanks. connell: a good show last night, the 12-12-12 concert in madison
google search in the application. if you look for a dry cleaner, search for it, and then find it in the same box. it has a siri-like voice guided turn-by-turn directions, transit schedules, and locations saved on multiple devices. looking for a restaurant, for example, sitting at home, your home computer, when you are on the road, on your cell phone or even when you get to work, you can keep up with the directions anywhere along the way. couple features we are waiting for. no, it's not...
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Dec 10, 2012
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if you google bermuda tax shelter, you probably get google as the top result. >> indeed. well, news today that google is using bermuda to its tax advantage. and in a very big way. the internet giant is steering $10 billion in overseas profits in the islands nation. therefore avoiding about $2 billion in taxes worldwide. guess what, it is all legal. it benefits the company's bottom line. but opens the company up for criticism. let's bring in ben schacter. saying it's the fiduciary duty that google has to their shareholders. while david callahan says such strategies could hurt the brand. great to have you with us. ben, let me get to you today. we'll get into the ethics in a second. but you say it is good for shareholders. >> i think it's what they have to do. it's their fiduciary duty to protect shareholders and pay as low a tax rate as they legally can. and in this case, that is what they're doing. >> but ethically it feels a little dirty, doesn't it? if all these american companies are hiding their revenues elsewhere. >> i think this is what they have to do. they have leg
if you google bermuda tax shelter, you probably get google as the top result. >> indeed. well, news today that google is using bermuda to its tax advantage. and in a very big way. the internet giant is steering $10 billion in overseas profits in the islands nation. therefore avoiding about $2 billion in taxes worldwide. guess what, it is all legal. it benefits the company's bottom line. but opens the company up for criticism. let's bring in ben schacter. saying it's the fiduciary duty...
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up with google's innovation with cloud services, not necessarily in the hardware space. no one makes better hardware than apple. they don't need that engineering, they need software engineering to keep up with google to make cloud searching work. >> apple is going to spend 100 million dollars bringing some mac production to the united states. they're going to build these things in america and they've not done that before. what do you make of it. >> they haven't done it in 20 years and i know apple has been wanting to do this. it's been a thorn in the side of apple. stuart: it's for political reasons? >> it's for political reasons, sure, and the thorn in the side is tim cook to deal with worker conditions. >> no, no, no. >> sure. >> you can't tell me, the chief executive says i'm tired of getting on that plane and going to china. >> and i don't know that he cares about getting on the plane. he's tired of the negative pr. >> right. >> and now to the real point. and it's a drop in the bucket. this is all simply to fight the pr war. by the way he said something interesting,
up with google's innovation with cloud services, not necessarily in the hardware space. no one makes better hardware than apple. they don't need that engineering, they need software engineering to keep up with google to make cloud searching work. >> apple is going to spend 100 million dollars bringing some mac production to the united states. they're going to build these things in america and they've not done that before. what do you make of it. >> they haven't done it in 20 years...
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Dec 13, 2012
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where is the stock of apple-- google-- >> we're watching both, google is higher. what's the story, stuart? what do you think? is it that apple iphone users are finally happy because they've been so annoyed with the new map service at apple, it stinks and happy to get it. stuart: and i think that-- >> is it that they're crawling back to google. stuart: no, no, i think the story is google is socking it to apple and say, hey, we've got an app and put it on the ipad and ipad mini through apple. go away apple maps, it's poi pointless. >> the google guys must be running around the offices with confetti and horns and saying, yes! you couldn't do it without us. stuart: that's exactly right. >> and that's what they're doing over there at google. stuart: that's right, so google is up and apple i think is barely holding its own, i think it's down at the moment. >> it is down 1%. stuart: we've been questioning whether apple is still cool and we'll keep questioning. nicole, thank you very much indeed. again this thursday morning, i've got to tell you it's a dead flat market. l
where is the stock of apple-- google-- >> we're watching both, google is higher. what's the story, stuart? what do you think? is it that apple iphone users are finally happy because they've been so annoyed with the new map service at apple, it stinks and happy to get it. stuart: and i think that-- >> is it that they're crawling back to google. stuart: no, no, i think the story is google is socking it to apple and say, hey, we've got an app and put it on the ipad and ipad mini...
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Dec 13, 2012
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the google map is now available as a download from appel itunes. you can get it for free. >> and the big question was, a, was google going to make it and, b, was apple going to accept it? we were at the conference yesterday. there was a lot of discussion about that issue. >> it might be easier to list who wasn't at your conference. >> you know, you were invited to the conference. >> i was. i had something else to do. >> what did you have to do yesterday? >> wash my hair. no, i had a -- no, i would have come. i did. i had a lunch. >> it was in the city. >> no. >> you were so close, you came across the bridge? >> i also had to meet with my style team. >> okay. >> my style is lacking, apparently. >> another historic night at madison square garden and the 12-12-12 concert brought relief for hurricane sandy. the sold-out show lasted nearly six hours and was said to have reached an audience of two billion, with a b, people around the world. it was broadcast over tv, radio, internet, quite a night if you were lucky enough to have a ticket. i was actually
the google map is now available as a download from appel itunes. you can get it for free. >> and the big question was, a, was google going to make it and, b, was apple going to accept it? we were at the conference yesterday. there was a lot of discussion about that issue. >> it might be easier to list who wasn't at your conference. >> you know, you were invited to the conference. >> i was. i had something else to do. >> what did you have to do yesterday? >>...
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anybody can go on google and ask the question of how much has the planet warmed up. 1. degrees faren ht and nothing since 1998 . so to blame sandy on global warming is a real stretch . >> also unseemly about talking about spending money and sandy victims are in the c cold now. >> goyce, all the mayor is saying. there is not a government conspiracy behind everything people do. he said we will have to rebuild in the areas that were destroy do it sensibly and as we have more storms that are ing preprojected we'll not have to rebuild every time. i don't unrstand why you have objection. >> because the pime need all of our attention and they are suffering in the cold because of sandy. we shouldn't be talking about global warming but how to help them in the cold. >> it is it a cynicical act. war is the health of the state and national are the statates oxygen. reality climate is constantly changing and using that as an excuse to get another stimulus program in a tough economy is not wrong, but cruel . i am surprised rick would g. actually not very surprised. >> victoria, what d
anybody can go on google and ask the question of how much has the planet warmed up. 1. degrees faren ht and nothing since 1998 . so to blame sandy on global warming is a real stretch . >> also unseemly about talking about spending money and sandy victims are in the c cold now. >> goyce, all the mayor is saying. there is not a government conspiracy behind everything people do. he said we will have to rebuild in the areas that were destroy do it sensibly and as we have more storms...
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>> there is certainly a chance of that and i think google and amazon they will capture the more price sensitive customer. i think important thing to consider in smartphones and tablets apple doesn't need 100% of the market. if you think about the smartphone business in total over the next few years, most of the growth will come from emerging markets. it will be lower priced hand-sets and probably android. as long as apple maintains premium share of smartphone market say at high-end we think they will be fine. david: bring an, bring it to where we started and tax issue and how much that apt affects the trade now. the people locking in profits now and are selling will they buy back in at the lower rate after the first of the year? >> i certainly think that is the case. it is certainly possible if they have a good quarter in the beginning of january. so i think that could be a catalyst to get investors to pile back in. david: let me press you, brian before you go, what do you think the price will be when that happens, when it gets back to the new normal? what will it be in 2013? >> we th
>> there is certainly a chance of that and i think google and amazon they will capture the more price sensitive customer. i think important thing to consider in smartphones and tablets apple doesn't need 100% of the market. if you think about the smartphone business in total over the next few years, most of the growth will come from emerging markets. it will be lower priced hand-sets and probably android. as long as apple maintains premium share of smartphone market say at high-end we...
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Dec 10, 2012
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he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in the voter guide which was sent to all of us. they neglected to mention the rector active portion of it. i think a lot of people were really surprised by that. so many businesses still get started in silicon valley because that is where the talent is. the regulation, state and higher taxes in the state do not matter. will this really start to hurt business formation there, do you think. >> i think that is a great question. it is about a 30% tax increase california has done is almost double the taxable gain great. i feel like california is an amazing place. the sil
he is a former google guys. good to see you. >> hello. thank you for having me spew forth the top tax rate in the country will now be in the state of california, assuming we go back to the 39.6% rate. it is retroactive to the beginning of the year. how crazy is that? >> it is, i think, it is very unusual. it is the first time i have ever seen a retroactive tax. one of the things i think was really surprising to me and a lot of my friends is it really was not described that way in...
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Dec 10, 2012
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google is turning into a shopper's friend this christmas. 80% of people are googling their research on christmas purchases before buying. however, julia krueger of google says this doesn't necessarily mean shopping habits are transitioning to online- only. "they want to feel confident about what they're buying, and feel like they are getting a good value. so not everybody looks for the lowest price, but very often they want to feel good about the price they are paying. so even if it's within a few dollars, it may be a better purchase for someone to buy it locally or to be able to know that they can get it today if they decide to buy at a physical store." kreuger says some of the most searched gifts for kids this holiday season are leap pad tablets, build-a-bear, and g.i. joe. for adults, searches are up for tablets, laptops and engagement rings. fedex workers serving as santa's little helpers this year will have tough sledding this week. the delivery company expects today will be a record- breaker, with 19 million packages being shipped and delivered. 300,000 employees, plus 20,000 sea
google is turning into a shopper's friend this christmas. 80% of people are googling their research on christmas purchases before buying. however, julia krueger of google says this doesn't necessarily mean shopping habits are transitioning to online- only. "they want to feel confident about what they're buying, and feel like they are getting a good value. so not everybody looks for the lowest price, but very often they want to feel good about the price they are paying. so even if it's...
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Dec 10, 2012
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it jumped on friday on reports it could be a takeover target for google. whether it is or not, i don't know, but it is down this morning. all right. we're back in 90 seconds with the drastic steps the dallas cowboys are considering after this weekend's tragic accident. stuart: horrible story over the weekend. dallas cowboys player josh brent allegedly driving drunk flips his car. his passenger and teammate jerry brown killed in the accident. the cowboys are looking into all options to protect their players. including installing devices that would immobilize the car if the driver of the car. the judge is here. do they have the right to intrude into players' cars and install a device that you can't drive it if you are drunk? >> do they have the right? not is it the right thing to do but do they have the right thing to do? well, they are not the government. and the young man who is accused, he's still innocent, because he's innocent still proven guilty accused of this awful event is free to work at another football team. so under that theory, he's voluntarily
it jumped on friday on reports it could be a takeover target for google. whether it is or not, i don't know, but it is down this morning. all right. we're back in 90 seconds with the drastic steps the dallas cowboys are considering after this weekend's tragic accident. stuart: horrible story over the weekend. dallas cowboys player josh brent allegedly driving drunk flips his car. his passenger and teammate jerry brown killed in the accident. the cowboys are looking into all options to protect...
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Dec 10, 2012
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apple and google compete on so many different rounds. but they're actually coming together to co-compete on a bid for the patents that kodak holds. 1100 patents, half a billion dollars. they realize instead of sitting across from each other playing and outbidding one another, we will work together and co-compete for these and work together to get these patents for both of us. something to watch. liz: not all patents are equal. they will start dealing and wheeling. >> it all looks kosher right now, but i'm sure it is not. liz: what about the flash cube patent. dennis, what about you? >> mayor bloomberg could be in for holiday shopping. bloomberg media company may want to buy the financial times. any deal more for prestige and profits. preservation down 30% in four years, 300,000. yet bloomberg is a hungry acquirer. a deal here would give bloomberg 50% ownership of the economy. it could go for a price of $1.6 billion. valuing them at double the price of u.s. print properties on a per point. whether ceo plays on march in the print business.
apple and google compete on so many different rounds. but they're actually coming together to co-compete on a bid for the patents that kodak holds. 1100 patents, half a billion dollars. they realize instead of sitting across from each other playing and outbidding one another, we will work together and co-compete for these and work together to get these patents for both of us. something to watch. liz: not all patents are equal. they will start dealing and wheeling. >> it all looks kosher...
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Dec 7, 2012
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'd miss our family tradition. now symbicort significantly improves my lung function, starting within 5 minutes. and that makes a difference in my breathing. today, we're ready for whatever swims our way. ask your docto
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with...
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >> bill: kelly file segment tonight, very interesting story? south carolina. a supreme court may hear a child custody case whereby a 3-year-old girl was taken away from her adopted parents, matt and kelly. the reason authorities did that is because the father, who gave baby veronica up for adoption is, a native american. joining us now from new york to explain, megyn kelly. it would be really unusual for the supreme court to even hear a case like, this right? >> not as unusual as you might think because there is a split in the underlying courts on whether this indian child welfare act should be interpreted the way the supreme court in south carolina said it should. and when it is split in a lower courts, the supreme court often will get involved. so the parents here, the adoptive parents have a shot. and let's hope they do because this case is heart wrenching. >> bill: the baby is born, veronica. given up for adoption by
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >> bill: kelly file segment tonight, very interesting story? south carolina. a supreme court may hear a child custody case whereby a 3-year-old girl was taken away from her adopted parents, matt and kelly. the reason authorities did that is because the father, who gave baby veronica up for adoption is, a native american. joining us now from new...
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but google is back on the iphone again. google maps has been heavily criticized. google maps are new and improved with term by term directions. when you guys think? this was the one thing when the new bone came out, he said why did they do that? >> i am still a blackberry girl. what about this google maps. >> one of the disasters was -- they were asking people in australia who wanted to go to a particular city, sending them into the desert. [laughter] they could've had a lot of losses, i don't own an iphone. i do own apple stock. i figure they get it right this time. it's been a huge hit. the stock is down from 700. [talking over each other] [talking over each other] sandra: all right, here's another one. last night at 12 national 12 -- though 12 mccartney played the role of kurt cobain. courtney love was not excited about that. what did you think about this performance? >> kurt cobain is
but google is back on the iphone again. google maps has been heavily criticized. google maps are new and improved with term by term directions. when you guys think? this was the one thing when the new bone came out, he said why did they do that? >> i am still a blackberry girl. what about this google maps. >> one of the disasters was -- they were asking people in australia who wanted to go to a particular city, sending them into the desert. [laughter] they could've had a lot of...
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apple and google have reportedly combined their competing bids for a bundle of kodak patents. former imf chief dominique strauss-kahn and a maid have agreed to settle a suit. the dollar amount will remain confidential. >>> retailers hired 465,000 seasonal workers land month. up 25% from last year. >>> they say apple's map is life-threatening, this after several drivers headed for a town in australia where it ended at a dirt road miles away from food and water. >>> finally, serbian tennis champ novak djokovic ruined the world's christmas after he bought up the entire year's supply for his new restaurant. it, by the way, is made from a milk of serbian donkeys. i'm sure a lot of disappointed folks out there. >>> well, coming up, dramatic video of a foiled robbery attempt. and a massive funnel cloud in florida. >>> plus, dogs usually have to chase car, right? not these guys. they'll have a different approach. you're watching "first look" on msnbc. e, and people seemed to like it. so we wondered -- where else could we take this? ♪ for over 40 years, we've brought our passion for
apple and google have reportedly combined their competing bids for a bundle of kodak patents. former imf chief dominique strauss-kahn and a maid have agreed to settle a suit. the dollar amount will remain confidential. >>> retailers hired 465,000 seasonal workers land month. up 25% from last year. >>> they say apple's map is life-threatening, this after several drivers headed for a town in australia where it ended at a dirt road miles away from food and water. >>>...
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internet index fund, moving higher, top holdings, google, amazon, and ebay, and the tech fund, ign, top holdings here, you may own them, cisco, qualcom, a gain of more than one point. david: more than a stock market, there's a lot of things today, very interesting lineup of guests, big labor, obviously, about to take a devastating blow in michigan, on the verge of becoming a right-to-work state. the man poised to make it happen, putting pen to paper signing the bill into law. governor rick snider. he's going to be joining us live from the office in the state capitol. don't miss this. liz: dangerously close to going over the cliff. you know the date, december 31st. coming up, exclusively on fox business, former treasury secretary paul o'neill as sides dwindle own spendings, he has what needs to be done to get budget under control, easy ways to cut it and who should carry the burden. david: before the busy hour, what drove the markets with today's data download. stocks pushing up for hopes of a deal in the beltway. all three indexes in the green, hosting the three straight day of gains, s
internet index fund, moving higher, top holdings, google, amazon, and ebay, and the tech fund, ign, top holdings here, you may own them, cisco, qualcom, a gain of more than one point. david: more than a stock market, there's a lot of things today, very interesting lineup of guests, big labor, obviously, about to take a devastating blow in michigan, on the verge of becoming a right-to-work state. the man poised to make it happen, putting pen to paper signing the bill into law. governor rick...
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look at google taking their money to bermuda. look at all the corporations who can't stand to pay 35% income tax in america that won't bring their money home. money goes where it is welcome. >> let me ask you about google. google managed to do tax avoidance, but i is not illegal, by putting money in bermuda and i think they saved $2 billion in tax avoid dance. what efforts are being done by the democrats or the republicans to discourage that type of lawful avoid dance, but nonetheless, a huge amount of money for a very wealthy company? >> i'm not against them doing that. in fact, i compliment them because that money stayed in the private marketplace. but i would say to folks who are doing that, don't come to washington and agitate for higher taxes if you are avoiding taxes. by all means, continue to legally avoid as many taxes as you can because that keeps money in the private marketplace and helps to create jobs. i'm all for that. but don't come at the same time and go tore higher taxes because we need lower the boys use capital
look at google taking their money to bermuda. look at all the corporations who can't stand to pay 35% income tax in america that won't bring their money home. money goes where it is welcome. >> let me ask you about google. google managed to do tax avoidance, but i is not illegal, by putting money in bermuda and i think they saved $2 billion in tax avoid dance. what efforts are being done by the democrats or the republicans to discourage that type of lawful avoid dance, but nonetheless, a...
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. >> brenda: and you google best business anchor guess what you get? neil cavuto and he's up next. . >> no guts, no glory, are we surprised, no deal? so far, not a december to remember, and not with these cast of characters this december, a far cry from these cast of characters, 40 years ago, this december. the month and year man walked his last steps on the moon. it's weird. four decades ago it seemed like nothing we cldn't do and today looking at the fiscal charade in washington, nothing we can do. >> welcome, i'm neil cavuto and 40 years after man left the lunar surface, politicians barely scratching the surface. >> 20 years after the astrouts made the impossible, possible. finger pointing spend thrifts who make the possible, impossible. how did we go from reaching for the stars to reaching to the othe guy's throats. the astronauts who went to the moon and here for yourlf, a jaw dropping special, it's a rare tv first in which we were granted unprecedented access to never befor seen footage and exclusive interviews with the men who g us there. i don'
. >> brenda: and you google best business anchor guess what you get? neil cavuto and he's up next. . >> no guts, no glory, are we surprised, no deal? so far, not a december to remember, and not with these cast of characters this december, a far cry from these cast of characters, 40 years ago, this december. the month and year man walked his last steps on the moon. it's weird. four decades ago it seemed like nothing we cldn't do and today looking at the fiscal charade in washington,...
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but friday they soared on rumors involving google. right now, groupon is giving back a lot of that gain. down almost 8 1/4%. what is going on? >> well, google might be interested in buying groupon. we are seeing gains given back today because a report came out from evercorps, an analyst, saying that he saw no basis to these reports and sees no reason why google would want to buy groupon. so looks like stocks are coming back to earth. there are concerns about its fundamental business model as it tries to expand beyond the deal a day business, that's its core business. >> julia, thank you very much. >>> google stashing billions in off-shore accounts to save a few bucks in taxes and what the deal with jc penney? are they having deals or not? we will discuss it more when we come back. stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't n
but friday they soared on rumors involving google. right now, groupon is giving back a lot of that gain. down almost 8 1/4%. what is going on? >> well, google might be interested in buying groupon. we are seeing gains given back today because a report came out from evercorps, an analyst, saying that he saw no basis to these reports and sees no reason why google would want to buy groupon. so looks like stocks are coming back to earth. there are concerns about its fundamental business model...
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we reached out to google for comment. we haven't heard back from them just yet. >> 40 minutes past the hour. it's all quiet on capitol hill. when it comes to the looming fiscal cliff crisis that could be a good thing. in 21 days we go over that cliff and four days to get a deal done before they head to christmas break. drastic tax hikes and spending cuts loom. cnn political reporter shannon travis jones us live from washington. what are you hearing? >> well, we're hearing that the negotiations are continuing, zoraida. exactly what those negotiations contain, what's actually happening in them, we're unclear of. so we know that president obama and house speaker john boehner had that one-on-one meeting on sunday, it was their first since mid-november. discussions have continued but, again, very light on details. both sides yesterday put out statements from a public and then from the white house. very light on details. i'll read just one of them for you. quote, discussions with the white house are taking place but we have no
we reached out to google for comment. we haven't heard back from them just yet. >> 40 minutes past the hour. it's all quiet on capitol hill. when it comes to the looming fiscal cliff crisis that could be a good thing. in 21 days we go over that cliff and four days to get a deal done before they head to christmas break. drastic tax hikes and spending cuts loom. cnn political reporter shannon travis jones us live from washington. what are you hearing? >> well, we're hearing that the...
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we're experiencing issue with google services. for he everyone affected we apologize for any convenience you made may be experiencing. we'll post updates to the dashboard. the dashboard gone from ready to green indicating there were service disruptions. now everything seems to be looking good. that is the updated website there. people are really freaking out over this, lori and melissa because the know the service is subscribed to by 425 million people out there. mine was fine and other people's weren't okay. lori: do you buy the end of the world this mayan forecast? melissa: when does it actually happen? lori: the 21st. melissa: i think more likely to happen on 12/12/12. lori: you have power to change it. melissa: things are heating up when it comes to solar, not a good way. many in california are wondering where is all the promised job creation??3 where is all the revenue? fox's william la jeunesse in los angeles with the latest. >> california utilities must get 20% of the their power from renewables. state and federal handouts
we're experiencing issue with google services. for he everyone affected we apologize for any convenience you made may be experiencing. we'll post updates to the dashboard. the dashboard gone from ready to green indicating there were service disruptions. now everything seems to be looking good. that is the updated website there. people are really freaking out over this, lori and melissa because the know the service is subscribed to by 425 million people out there. mine was fine and other...
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dagen: google is working on something. dagen: that was like four years ago. when a private entity does it, we do not have to purchase their product. when a private entity does it, we can tailor what we want. i only want this, i only want this, i do not want that. they fear a class action against them for a violation of your privacy. that is a team of lawyers representing millions of people whose privacy has been violated. if the justice department was doing their job, they fear an indictment from invasion of privacy. dagen: i am so impressed with "homeland." >> they will be setting them off before you ask for them. dagen: at that, i think, people would agree to. if there is enough outrage before the product is even introduce, do you think they will back off the back just the fact that they applied for a patent does not mean they will get it or that they will use the product. we are probably a few years ahead of this game, unless they are farther ahead than they have led us to believe. dagee: for a sliver of a second, i actually liked connell because we are bo
dagen: google is working on something. dagen: that was like four years ago. when a private entity does it, we do not have to purchase their product. when a private entity does it, we can tailor what we want. i only want this, i only want this, i do not want that. they fear a class action against them for a violation of your privacy. that is a team of lawyers representing millions of people whose privacy has been violated. if the justice department was doing their job, they fear an indictment...
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. >>> next, do you google? do you have an offshore tax shelter? why your favorite search engine might be the place to learn about america's true welfare state. stay with us. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. why your favorite search engine why your favorite search engine [ woman ] dear cat, your hair mixes with pollen and dust. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't h
. >>> next, do you google? do you have an offshore tax shelter? why your favorite search engine might be the place to learn about america's true welfare state. stay with us. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ]...
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if we get the corporate tax down, repatriate dollars into the company, companies like google and starbucks bring it home again. why isn't that being discussed? >> good point. there's a lot of interest in corporate tax reform. we got basically the highest rate in the industrialized world, 35%. that rate should be 25% if ot lower in order to put us at just on a level playing field with the kinds of tax systems that european tax systems have, and that's a -- you're talking about downtown lobbyists and k street, a lot of interest in the business community for that reform. it takes energy of political capital to make those changes. there's a tradeoff in dealing with the cliff and the immediate tax increases on individuals and the capacity to also think more fundamentally. tracy: i hear you. there shouldn't be a tradeoff. we knew it was coming. we saved it for the last minute. it's like people taking laxatives to lose the last five pounds before a wedding. it doesn't work. alex, former ways and means committee, chief economy, it frtrates me, sir, thanks for being here. >> all right, thanks for h
if we get the corporate tax down, repatriate dollars into the company, companies like google and starbucks bring it home again. why isn't that being discussed? >> good point. there's a lot of interest in corporate tax reform. we got basically the highest rate in the industrialized world, 35%. that rate should be 25% if ot lower in order to put us at just on a level playing field with the kinds of tax systems that european tax systems have, and that's a -- you're talking about downtown...
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google made a bid, $6 billion. this is a business that hasn't evolved the way anyone would expect. would they buy it? who knows. >> can you believe they knocked back google's offer in 2010 and instead decided to go public. >> i forgot you were there. >> by the way, i was just off camera seeing how the sausage is made because this the ultimate sausage manufacturing facility. i heard that. i never said groogle, dieseline but never that. >> i thought who it was an efficient use of google and groupon. >> may be that if rumors are right. if rumors are right, it may be that. we may have that before long. >> by the way, herb, can you stick around for this one as well because i believe you've got a little bet hanging in the balance, brian. jcpenney, your prediction. >> stocks up a bit. before the prediction, i want to say, enof the year isn't here. stock has to go up 15 points. if it does, still beat brian on the bet. >> you think jcpenney is going to double in two weeks. >> i said all it has to do is rise another 15 points. >> jan turned positive, talked to a focus group who said they lov
google made a bid, $6 billion. this is a business that hasn't evolved the way anyone would expect. would they buy it? who knows. >> can you believe they knocked back google's offer in 2010 and instead decided to go public. >> i forgot you were there. >> by the way, i was just off camera seeing how the sausage is made because this the ultimate sausage manufacturing facility. i heard that. i never said groogle, dieseline but never that. >> i thought who it was an efficient...
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if you can find companies like google and apple, you would stay with apple? >> absolutely. one of the great bragrands domit here, apple will do well. >> you are saying, keep your eye on the longer term. don't look at every breath for this clip business. try to have a long der term. >> if you are trying to dance aren't what a politician is saying over here. in guesting for the long-term you have to look three or five years out. >> all right folks the real divide in america is not just the rich and the poor it is between private and public workers. don't think the folks haven't figured that out. we have an eye opening poll for you on that subject. stay with us please. work hard . since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ ♪ [ engine revs ] ♪ [ male anno
if you can find companies like google and apple, you would stay with apple? >> absolutely. one of the great bragrands domit here, apple will do well. >> you are saying, keep your eye on the longer term. don't look at every breath for this clip business. try to have a long der term. >> if you are trying to dance aren't what a politician is saying over here. in guesting for the long-term you have to look three or five years out. >> all right folks the real divide in...
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after what wired dubbed map map the hawk the libs or its disaster of a map app on the i phone five google mountain is back we'll discuss in loose change let's get to today's capital account. all right let's back up a little bit in late two thousand and ten it was prominent banking analyst meredith whitney is a big call. there's not a doubt in my mind that you will see a spate of municipal bond evolves how many is a spate you could see fifty sizeable defaults fifty to one hundred sizeable default more this woman out to hundreds of billions of dollars worth of defaults it will be something to worry about within the next twelve months. ok now it failed to play out as she seemed to indicate it would over the following year in turn pretty much ever since we have seen a spate of headlines similar to this murder of whitney unocal was one hundred percent wrong according to a bond pro there however between two thousand and ten and now we have seen cities and counties run into trouble and in some cases file for bankruptcy they reportedly have included san bernardino mammoth lakes both in california
after what wired dubbed map map the hawk the libs or its disaster of a map app on the i phone five google mountain is back we'll discuss in loose change let's get to today's capital account. all right let's back up a little bit in late two thousand and ten it was prominent banking analyst meredith whitney is a big call. there's not a doubt in my mind that you will see a spate of municipal bond evolves how many is a spate you could see fifty sizeable defaults fifty to one hundred sizeable...
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and the other side of google, the internet giant slashing bills -- stashes, i should say, billions in tax shelters to avoid paying taxes. is that fair play or is it absolutely outrageous? we'll talk about that at 1:00 p.m. eastern time. now back to scott and the fast money "halftime report." >> over the weekend johnny manziel made history as the first freshman to win the heisman trophy and with a great nickname to go along with his great story it would seem as though the sky is the limit for the kid they call johnny football. our brian shactman is live in new york city with the texas a&m qb. brian? >> they call him johnny heisman now, too. only the fifth player ever in college football to throw for more than 3,000 yards and run for at least 1,000. johnny, thanks for joining us. first of all, how you holding up? >> not bad. i'm enjoying all of this. just taking it in stride. making sure i enjoy the moment. >> you're not talked out yet? >> not yet. >> what is it like to go from six months ago, you don't know his story, he wasn't even a starter on the team. today's "usa today," full-page
and the other side of google, the internet giant slashing bills -- stashes, i should say, billions in tax shelters to avoid paying taxes. is that fair play or is it absolutely outrageous? we'll talk about that at 1:00 p.m. eastern time. now back to scott and the fast money "halftime report." >> over the weekend johnny manziel made history as the first freshman to win the heisman trophy and with a great nickname to go along with his great story it would seem as though the sky is...
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and i do believe they're in acquisition target potentially, whether it be for microsoft or comcast or google or potentially an app. >> weiss, what about the risk factors? >> they're meaningless in terms of the fundamentals of the company. all it's going to be is a fine. it's not like there's fraud or anything like that. there's no restatement of earnings or neanything else comg in. balance sheet. just ignore that nuisance. it gets your names in the headlines a little bit more. in terms of the company and the fundamentals, my concern is they're overpaying for content. they're going to have to raise capital next year and i don't think somebody can come in and buy them. >> we'll move on and talk about the market. ross kosterich joins us live from san francisco. ros russ, nice to see you. >> thanks for having me. >> if there's coal in apple's market can santa claus have a rally? >> the stock can move higher without apple but to state the obvious, it's a big chunk. it's certainly going to help if apple participates but i think the reality is apple along with the rest of the stock market is still
and i do believe they're in acquisition target potentially, whether it be for microsoft or comcast or google or potentially an app. >> weiss, what about the risk factors? >> they're meaningless in terms of the fundamentals of the company. all it's going to be is a fine. it's not like there's fraud or anything like that. there's no restatement of earnings or neanything else comg in. balance sheet. just ignore that nuisance. it gets your names in the headlines a little bit more. in...
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the difference between apple and google is they're not public about it. we don't know what they're working on other than these p patent filings. trust me, they're working on big, new, exciting things. even wearable computers. >> let's hope. we haven't seen them though. maybe. >> it just occurred to me, we talk about tim cook versus steve jobs and is the company different and how is it different and all that. is it possible, max, that shareholders think they are still investing in steve jobs' apple rather than tim cook's apple? >> absolutely. >> is that why we've seen this 23% decline in the stock recently as some of that is starting to dawn on them? >> absolutely. i'll do you one better. it's a great question. i think analysts still think they're forecasting and following steve jobs' growth. the bad news is that it's the wrong model. that era has ended. there's lots of exciting things to do. the story is not over. the future is potentially very bright. folks need to move away from maintaining the margin and benchmark everything against steve jobs. the mar
the difference between apple and google is they're not public about it. we don't know what they're working on other than these p patent filings. trust me, they're working on big, new, exciting things. even wearable computers. >> let's hope. we haven't seen them though. maybe. >> it just occurred to me, we talk about tim cook versus steve jobs and is the company different and how is it different and all that. is it possible, max, that shareholders think they are still investing in...
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you would prefer google. make the case, sir. >> well, i think that apple is a company that goes through plod cycles and so, therefore, you've got lumpiness and risk there with each product cycle. as you have other hardware manufacturers like google and like amazon come in and they have other businesses that they could use to fund their kind of break-even foray into hardware, it is going to become more about the software. clearly apple has a formidable platform in itunes but we think longer term google is the winner in terms of its android os, powering cream which we think is the best browser, gmail, the core search product. youtube. this is google's goal, to tie a lasso around its ecosystem of advertising supported products. those revenues for me as an analyst are more predictable and also higher margin. i'd prefer to buy google ten times out of ten. >> microsoft's sitting in the corner right now feeling really lonely and left out. why not microsoft? >> i think longer term, microsoft, windows and win 8 have r
you would prefer google. make the case, sir. >> well, i think that apple is a company that goes through plod cycles and so, therefore, you've got lumpiness and risk there with each product cycle. as you have other hardware manufacturers like google and like amazon come in and they have other businesses that they could use to fund their kind of break-even foray into hardware, it is going to become more about the software. clearly apple has a formidable platform in itunes but we think...
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writes make a tv in which the sound does not go up for commercials and i'll be the first is a-to-say google will copy apple if they are successful, samit bhatt. now we have scott wapner and "fast money." >>> welcome to "the halftime show." four hours to go until the close. green arrows across the board. 13,041 the dow jones industrial average, all of the major averages in the green. here's what we're following on "halftime" target practice with its prediction for 2012 now within reach, jpmorgan's tom lee on the market's next move. net gain, netflix shares up again as the company rides the halo of its disney deal. where is the next stop? one stock, two opinions in a halftime debate. first our top story the sudden sell-off in shares of apple, after posting its worst trading day in four years, the stock is rebounding but has still lost more than $35 billion in market cap over the past few days. jon fortt is in silicon valley with the latest, the worst performance of three days since 2008. what is the buzz in the valley? >> we've heard multiple theories why the stock has been falling, people se
writes make a tv in which the sound does not go up for commercials and i'll be the first is a-to-say google will copy apple if they are successful, samit bhatt. now we have scott wapner and "fast money." >>> welcome to "the halftime show." four hours to go until the close. green arrows across the board. 13,041 the dow jones industrial average, all of the major averages in the green. here's what we're following on "halftime" target practice with its...
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a lot big names, google, amazon, netflix. but nontechnology names as well. dollar tree, mattel, starbucks, wynn. broad swath of economy this index tracks. lori: throwing in to image theenasdaq 100 funds? >> that what we think will happen next few days. they try to mimic. try to buy all the same stocks in all of those same 100 stocks. we think a nice pop up. we will not, today, though. it was down now. but what we'll not see is a huge pop up because that usually happened and is reserved for the s&p 500,. when stocks get added in there. that's when we see a bigger sort of investor base react to that it may be a while. google, for example, had to wait two years before included in the s&p 500. facebook may have to wait a little bit as well. certainly something that is --. lori: nice job. gives more clout being in the nasdaq 100. melissa: great report. place your bets. it is not a horse race. it is a royal baby race. prince william has rushed to be by his wife's bedside as she is treated for severe nausea at king edward hospital in london. odds makers are rushing
a lot big names, google, amazon, netflix. but nontechnology names as well. dollar tree, mattel, starbucks, wynn. broad swath of economy this index tracks. lori: throwing in to image theenasdaq 100 funds? >> that what we think will happen next few days. they try to mimic. try to buy all the same stocks in all of those same 100 stocks. we think a nice pop up. we will not, today, though. it was down now. but what we'll not see is a huge pop up because that usually happened and is reserved...
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you can find this information out on google. anybody who is dying like to try to knows about calories. what did they have to posted in the restaurant? you can easily get that information elsewhere. stuart: why is this requirement in obamacare? what has the killer accountant to do with my health care delivery system? >> this might be an attempt to preventive medicine. stuart: that's your rationale? that's all you have to say? >> a drop in the bucket to what you're asking me to put myself in the obama administration shoes. >> this is what makes my head off like a bottle rocket. we should be focusing on the fontana of the structure, not nanny state junk forcing restaurant chains to post calories. stuart: that's the best answer. i had been in restaurants where the calories in each dish is noted. i have altered what i order based on the calorie count. i found a useful. stuart: the information about the to being fattening given to you by the government? stuart: and just trying to raise some mild objections. let me escape. that include
you can find this information out on google. anybody who is dying like to try to knows about calories. what did they have to posted in the restaurant? you can easily get that information elsewhere. stuart: why is this requirement in obamacare? what has the killer accountant to do with my health care delivery system? >> this might be an attempt to preventive medicine. stuart: that's your rationale? that's all you have to say? >> a drop in the bucket to what you're asking me to put...
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neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the government. still at 33 bucks even though it's down after-hours up from the re-ipo after the financial crisis. >> and it's something that will make the ceo very, very happy. the last couple times he's been on this program, he has been campaigning publicly for the government to do just that. he wants them off his balance sheet and off his back. >> it was an unpopular risk to begin with. so brings this all into the era. >> as kayla pointed out, it turned out to be profitable for the country. >> absolutely. >>> in the meantime, death tax would jump. we talk about why it might cost someone'
neither google nor apple responded to requests for comment. >> all right. let's get out to kayla tausche again. we're hearing the treasury is going to sell the remaining $240 million worth of aig shares? >> that's correct. we're seeing those headlines just hit the wire now. it's 234 million shares. that's roughly $8 billion. that's the last of the treasury's investment in aig. they will launch a fully public offering. roughly 16% of aig shares. this is a mayjor coupe for the...
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but google didn't get in until at least two years of trading. we'll see on facebook. stuart: if i run a fund that mimics the nasdaq 100 i've got to buy facebook because it's part of the nasdaq 100 i've got to buy it and mutual fund people will have to do that. but still a jump. 38, 40 cents, that's it? but a recent run recently anyway. >> it's up 50% since early november. you're right. when you mimic the fund. more people are going to buy the s&p 500. when they get there and then we'll talk. 50% for a company like facebook. and the dow stills are up 16 early going. the stock price of netflix, made a deal with disney, exclusive rights to run its movies. first, the analysts say the deal is maybe too expensive. 300 million dollars a year and that's big bucks there, the stock is down a little and by the way, doesn't start until 2016. remember, please, netflix stock up 25% this year, and look how netflix has done just the past couple of days and it's a nice spike as of yesterday afternoon when the news was announced, okay. i want to show you the share price of best buy as
but google didn't get in until at least two years of trading. we'll see on facebook. stuart: if i run a fund that mimics the nasdaq 100 i've got to buy facebook because it's part of the nasdaq 100 i've got to buy it and mutual fund people will have to do that. but still a jump. 38, 40 cents, that's it? but a recent run recently anyway. >> it's up 50% since early november. you're right. when you mimic the fund. more people are going to buy the s&p 500. when they get there and then...
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"google, how much does the earth weigh?" google voice response: "earth has a mass of five point nine..." ♪ "sleep on needles" by sondre lerche ♪ ♪ ♪ ♪ ♪ >>> good morning i'm eric thomas. a raiders' fan is in serious condition after falling from the third deck of the coliseum to the lower concourse. you can see in the video how long a fall that is about 50 feet he fell shortly after kickoff in last night's game. it is not clear whether the man jumped or fell. police believe it is an accident. >> mike has the forecast. >> still watching fog, good morning tracking it in livermore, napa, novato reporting stations carter -- quarter or less 30s and 40s now. warmer sunday. >>> problem westbound rich manned san rafael bridge accident left -- lane earlier accident west 37 clear before 121 jammed from mare island vallejo across. >>> the news >>> good morning, america. i have some very exciting news for you. let me put my best announcer voice on. and tell you, that, ladies and gentlemen, please welcome to the stage now, my
"google, how much does the earth weigh?" google voice response: "earth has a mass of five point nine..." ♪ "sleep on needles" by sondre lerche ♪ ♪ ♪ ♪ ♪ >>> good morning i'm eric thomas. a raiders' fan is in serious condition after falling from the third deck of the coliseum to the lower concourse. you can see in the video how long a fall that is about 50 feet he fell shortly after kickoff in last night's game. it is not clear whether the man...
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we will ask the man who runs google heim's millions. our chart will lay out the real case. why are so many of us willing to pay what some call the apple tax? is d.c.'s problem revenue or spending? or stat of the day will help you make up your mind, mandy, if it doesn't blow your mind, first. >> i'm ready to have my mind blown. in the meantime, the mark set looking shaky at this point and s&p may miss out on postingity first seven-day winning streak in six years. reak, by the way, folks wab was back in october 2006. let's get out to bob. let's get out to rick. first, i want to ask you, bob, how much of this is due to the fed as opposed to the fiscal cliff. >> i'm not discounting the fiscal cliff but i think a lot of this is sell on the news related to the federal reserve. we have seen this news before. remember, take a look at the s&p 500. i don't think it is a coincidence we hit the highs of year september 14th. that's the day after the fed meeting when they announced quantitative ease meetings. they bought into the fed meeting then started selling immediately after. we saw
we will ask the man who runs google heim's millions. our chart will lay out the real case. why are so many of us willing to pay what some call the apple tax? is d.c.'s problem revenue or spending? or stat of the day will help you make up your mind, mandy, if it doesn't blow your mind, first. >> i'm ready to have my mind blown. in the meantime, the mark set looking shaky at this point and s&p may miss out on postingity first seven-day winning streak in six years. reak, by the way,...
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coming up next, the reunion with google that is long overdue. up for the company's biggestke blunder in history. mac's apple maps. >> people were lost without this application. many in different parts of the world getting confused and glitches in the software program. there isn't enough to fix some of it. google unveiling the apple maps today and it is already getting a good reception. it is the top download in the app store. there are public transportation mouse included. it fixes the glitches that many complained about in apple maps. wrong names, misplaced landmarks and incorrect addresses that cost people money and cause them confusion. the apple group, of course, it is for free. this application. but it's not altogether perfect. there isn't an ipod version just yet and also the voice immigration is not as good as other brands. it is only available in english. still to come, also, there is no tie in with the contacts. overall, these glitches are relatively small and simple and people are rejoicing. back to you. tracy: i certainly am. well, ab
coming up next, the reunion with google that is long overdue. up for the company's biggestke blunder in history. mac's apple maps. >> people were lost without this application. many in different parts of the world getting confused and glitches in the software program. there isn't enough to fix some of it. google unveiling the apple maps today and it is already getting a good reception. it is the top download in the app store. there are public transportation mouse included. it fixes the...
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. >> greta: look at google, perfectly lawferl. they did tax avoidance and managed to do that in bermuda. they saved $2 billion. but this whole idea of tax -- you hear so much from the members of congress and the president, you know, going on for decades that woo need tax reform. then we hear stories like tonight, where 17 senator who is voted for obamacare are now asking for specific tax relief in obamacare for a special interest, which happens to be medical devices. so i mean, the game goes on and on and on, this tax game. we never have a sense of, you know, trying to reform it and making it a good solution for our country. >> sure. yet the impact keeps happening. new jersey increased its rate and lost 25,000 residents by 2011 and $150 million in tax revenue. it gained some on the other side. maryland raised their top rate almost 10% n2008, they had 3,000 people who filed over $1 million and a year later, only 2 ,000, down 50%. the problem here is, if you just keep trying to soak the rich fwe tax american millionaires at 100%, ha
. >> greta: look at google, perfectly lawferl. they did tax avoidance and managed to do that in bermuda. they saved $2 billion. but this whole idea of tax -- you hear so much from the members of congress and the president, you know, going on for decades that woo need tax reform. then we hear stories like tonight, where 17 senator who is voted for obamacare are now asking for specific tax relief in obamacare for a special interest, which happens to be medical devices. so i mean, the game...
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apple up 31%, google up 9% but that doesn't matter because more recently apple falling 20% and google 6%. which is the better bet longer term? they are in apple. that's what i believe longer term. the right investment is. it does not say that i do not believe google is not a good investment because i do believe that it is. >> harry reid is speaking right now. let's go down to capitol hill. >> -- calling on speaker boehner for tax cuts to the middle class. today senator cornyn, the second ranking democrat in the next congress -- i'm sorry, don't i wish -- the second ranking republican in the next congress -- joined the chorus in calling on speaker boehner to do the reasonable thing. here's what he said. i believe we're going to pass it sooner rather than later. we really don't have much leverage there because those rates -- >> i'll take it back from harry reid while we try and figure out this audio issue that we're clearly having from the majority leader and his comments down in the nation's capitol as the democratic leadership gets its turn, if you will, at the microphone for an updat
apple up 31%, google up 9% but that doesn't matter because more recently apple falling 20% and google 6%. which is the better bet longer term? they are in apple. that's what i believe longer term. the right investment is. it does not say that i do not believe google is not a good investment because i do believe that it is. >> harry reid is speaking right now. let's go down to capitol hill. >> -- calling on speaker boehner for tax cuts to the middle class. today senator cornyn, the...